The Indian benchmark remained static in its last closing on May 28, while Brent prices dropped further to $75.71 a barrel. Less Brent crude in Indian basket makes prices sticky.

'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'

The price of petrol breached a three-year high on Monday at Rs 74.50 a litre, while the price of diesel was at its highest at Rs 65.75 a litre

Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.

Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls

Over 100 beneficiaries of the Pradhan Mantri Ujjwala Yojana from 20 states will share with the LPG panchayat their experiences of how clean cooking fuel has changed their lives, in the presence of President Ram Nath Kovind.

Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.

Indian Railways to bring on board ready-to-eat food companies

Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.

The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).

The government had also appointed PricewaterhouseCoopers as consultant to come up with a road map to upgrade base kitchens and service on trains.

The kerosene subsidy is expected to decline by 40 per cent from Rs 7,595 crore in 2016-17 to Rs 4,500 crore this financial year.

Around 30-50 million passengers in the reserved category have switched over to digital payments.

The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy

Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised

Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.

The Railway Board has decided to wind up the ambitious Rs 5,000-crore One ICT plan and the transformation cell

The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation

German aid likely for Bengaluru-Chennai bullet train

Of the Rs 1.10 lakh crore investment required for the project, Japan is providing Rs 88,000 crore as a soft loan at 0.01 per cent interest.